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Vienna, VA Home Sales Stats | Hyper Local April 2010

May 14, 2010 By Doug Francis

Another listing sold by Doug Francis

Click this photo to see more photos on Flickr. Listing SOLD by Doug Francis in April

April will be a month that most agents will want to revisit for a long time as buyers picked up the pace to buy before the April 30th tax credit deadline and home sellers rushed their homes to market to capture that demand (read: premium).These “under contract” homes will close in May and June so those numbers should be higher

If you bought, closed and want you tax credit rebate check, then read more here…

What this surge in real estate activity did was free up home sellers to move up to bigger homes. This segment of the market gets ignored when there is a foreclosure because when the bank owns the home there isn’t that move-up result. The Vienna Home Blog saw move-up sellers impact the real estate market with contracts in April.

But please know that this information is reported from MRIS which is not guaranteed to be 100% accurate but should be considered pretty darn close.

Keep in mind, mortgage rates were still hysterically low (around 5%).

Home sales numbers for 22182 in April 2010:

  • Total Units Sold in April 2010, 29 vs. 23 in 2009 (up 26.09%)
  • Average Sold Price in April 2010, $801,461 vs. $760,479 in 2009 (up 5.39%)
  • In the $500,000 to $599,999 range, 7 sold with 18 active listings
  • In the $600,000 to $699,999 range, 7 sold with 31 active listings
  • In the $700,000 to $799,999 range, 3 sold with 18 active listings
  • In the $800,000 to $999,999 range, 4 sold with 22 active listings
  • In the $1,000,000 to $2,499,999 range, 7 sold with 47 active listings
  • Average days on market in April 2010 was 82 vs. 102 in 2009
  • The average sold price in April 2010 was 95.51% of the average list price

April, May and June will need a “*” because of the federal home buyer tax credit deadline.

Home sale numbers for the Town of Vienna, 22180, April 2010

  • Total Units Sold in April 2010, 29 vs. 32 in 2009 (down 9.38%)
  • Average Sold Price in April 2010, $566,043 vs. $476,638 in 2009 (up 18.76%)
  • In the $400,000 to $449,999 range, 2 sold with 18 active listings
  • In the $450,000 to $499,999 range, 4 sold with 16 active listings
  • In the $500,000 to $599,999 range, 9 sold with 22 active listings
  • In the $600,000 to $799,999 range, 6 sold with 16 active listings
  • In the $800,000 to $999,999 range, 1 sold with 7 active listings
  • In the $1,000,000 to $2,499,999 range, 3 sold of 37 active listings
  • Average days on market in April 2010 was 37 vs. 61 in 2009 (down 39.34%)
  • The average sold price in April 2010 was 96.07% of average list price

If you are interested in homes in Vienna, please contact me as this area is where I specialize. I have helped people move in, move up and move out so I cover it all. Here is more on me and how to contact me, thanks!

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Filed Under: Blog, Home Buyer Tips, Home Seller Tips Tagged With: home buyer, Home Seller Tips, real estate, Vienna Virginia

About Doug Francis

A Realtor specializing in unique and new homes around Vienna, Virginia, Doug started writing a first-hand blog about his everyday real estate experiences a decade ago. In depth, helpful and fun has always been the objective. Outside real estate, he "starred" in a tech commercial for Verisign's "Where the World Clicks" campaign, and was quoted in Money Magazine's Best Places to Live article on Vienna. He's a Boston University graduate who feels morning coffee is non-negotiable.

Being able to guide my clients through many real estate sales, either moving out, moving in, or just across town, has been a rewarding experience that helps when discussing a plan with a future client.

Being able to help them focus and understand our proven sales plan always eases their anxiety of this looming personal task. And, putting it into bite-sized steps always helps them get where they really want to be.

My background… I’ve been an active licensed agent in Virginia for 25 years, work at TTR Sotheby’s International Realty in McLean, and sell homes in all price ranges. I donate to the town tree replacement fund, participate in a neighborhood citizens association, and try my best to stay in shape.

Questions? Email doug@dougfrancis.com or call me at (703) 304-6827 to discuss your plans. Cheers!

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About Doug Francis

I am a Realtor with TTR Sotheby's International Realty® just outside Washington D.C. in Northern Virginia. I have been a full-time Realtor licensed in Virginia since 1991, and cover a big territory specializing in the Vienna real estate market and custom homes for sale.

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